Ideas
Menasha Packaging expands with capital investment
Menasha Packaging Company LLC's Folding Carton Group is expanding its capabilities with a $6 million capital investment that will enable it to be more flexible and responsive when supporting the brand merchandising objectives of its customers.
Acuity reaches $1 billion milestone
Sheboygan-based Acuity Insurance announced that it has reached the $1 billion revenue mark, generated on premiums written across its 20-state operating territory.
Rexnord board may ponder sale of company
Milwaukee-based Rexnord Corp. announced that its board of directors has initiated a review of its strategic alternatives that could include the sale of the company.
Foundations Bank raises $5 million
Generations Bancorp, Inc., parent of Pewaukee-based Foundations Bank, has raised $5 million in new capital from a shareholder subscription.
New degree program targets nurses
Registered nurses with a two-year degree from a Wisconsin technical college can now fully apply those credits toward a bachelor’s degree.
‘We can and need to do better’
Editor’s note: Milwaukee County Executive Chris Abele delivered his State-of-the-County speech in Oak Creek this morning. The following is the text of his prepared remarks.
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Mellowes to turn Charter Manufacturing helm over to sons
John A. Mellowes announced he will step down from his day-to-day duties as the chairman and chief executive officer of Mequon-based Charter Manufacturing in July, when he will turn the reins of the company to his sons, John W. Mellowes and Charles A. Mellowes.
Snap-on caps strong year
Kenosha-based Snap-on Inc. reported fourth quarter net earnings of $84.6 million, or $1.43 per diluted share, up 13.9 percent from $74.3 million in the fourth quarter of 2011.
Racine Federated acquisition pumps up earnings for Badger Meter
Bolstered by last year's acquisition of Racine Federated Inc., Milwaukee-based Badger Meter Inc. reported a 362-percent increase in net earnings and a 22.4 percent increase in net sales for the fourth quarter of 2012.
Sensient will move division to Chicago
Milwaukee-based Sensient Technologies Corp. unveiled a strategic and restructuring plan that will include relocating its Flavors & Fragrances Group headquarters, technical groups and North American management from Indianapolis to Chicago.
